secwatch.observer — SEC 8-K summary
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Issuer:     OneMeta Inc. (ONEI)
CIK:        0001388295
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001493152-25-020979
Event type: leadership
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneMeta settles with former President/CFO; $1.33M due, default would force reappointment
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- Rowland W. Day II resigned all officer and director roles effective Oct 31, 2025.
- Company to pay $917,966.43 for loans/credit cards and $408,486.01 in accrued salary by Dec 15, 2025.
- Company must repurchase 4,309,710 Series B-1 shares and 307,647 common shares by Mar 27, 2026 at specified prices.
- If salary payment or stock repurchase defaults, CEO Leal and Board must reappoint Day to his former roles within 2 days.
- Settlement includes mutual releases, confidentiality, non-disparagement, and arbitration provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1388295/000149315225020979/0001493152-25-020979-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1388295/000149315225020979/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-020979

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer